Complete the following questions: Best Buy ran an advertisement in the Boston Gl

Question

Complete the following questions:

Best Buy ran an advertisement in the Boston Globe indicating that it would sell two brand new 75" Samsung Smart TVs valued at $4,000 on Sunday, September 16 at 9:00am. The TVs were offered first come, first serve for a price of $1,500 each. Samuel was the first person at the store on Sunday when the store opened. He went immediately to the electronics department to purchase one of the TVs but the items were not available. Samuel asked to speak with the manager who told him that the store did not have to sell Samuel the TV because it was only an advertisement. Is Samuel entitled to a TV?

Daniel sent Paul an offer to purchase his 2016 Harley Davidson motorcycle for $13,000 through the United States Postal Service. Shortly after Paul received the offer, he mailed Daniel indicating that he was rejecting his offer. The next day Paul changed his mind and called Daniel to tell him he was accepting the offer. They agreed to finalize the deal two days later. However Daniel received Paul's rejection letter the next day and called him to tell him he would not go through with the deal. What is the outcome of the agreement?

Jacklyn hired Maureen's real estate agency to sell her home for $549,000. Lauren contacted the agency and made an offer on the home for $535,000. When Maureen presented Lauren's offer to Jacklyn, Jacklyn changed the price on Lauren's offer to $545,000. Several days later Jacklyn decided that she no longer wanted to sell the home and she instructed Maureen to contact Lauren to tell her that she was taking the property off the market. Lauren sued indicating the Jacklyn had violated the contract.

Explanation / Answer

ANSWER-

FROM CASE 1- Before answer the question let's just take a look over the condtion. so, the case is about an advertisement made by the best buy in which they were saying that two brand new 75" Samsung Smart TVs valued at $4,000 will be sold at price of $1500 each on Sunday, September 16 at 9:00am. it was a first come first serve offer. Samuel was the first person at the store on Sunday when the store opened. He went immediately to the electronics department to purchase one of the TVs but the items were not available. when he asked the manager they refused him to sell by saying tha it was just an advertisement. so the answer to this question would be that yes he will be entitled to tv beacuse it was an clear offer in which conditions to the offer were specified & samuel fulfilled those conditions by reaching on time. he would not be entitled to tv if he reach the electronic dept after a specified time(9 am). & manager can not deny the offer by saying that it was an only advertisement.

FROM CASE 2- Daniel sent Paul an offer to purchase his 2016 Harley Davidson motorcycle for $13,000 through the United States Postal Service. Shortly after Paul received the offer, he mailed Daniel indicating that he was rejecting his offer. The next day Paul changed his mind and called Daniel to tell him he was accepting the offer. They agreed to finalize the deal two days later. However Daniel received Paul's rejection letter the next day and called him to tell him he would not go through with the deal.

THE above case was just purely a case of misunderstanding in which the reply of first offer which was rejection received late by daniel & he misunderstood it & called him to call off the deal. in this case, outcome can be two-

either paul clears out the misunderstanding to daniel & keep on the same deal of selling bike to paul,

or both can make a new agreement or offer by adjusting new terms & conditons because at the end of the day both were agreed to carry the deal until that rejection letter create the fuss in the deal.

if either of the condition fulfilled then outcome will be sale of the bike.

FROM CASE 3- Jacklyn hired Maureen's real estate agency to sell her home for $549,000. Lauren contacted the agency and made an offer on the home for $535,000. When Maureen presented Lauren's offer to Jacklyn, Jacklyn changed the price on Lauren's offer to $545,000. Several days later Jacklyn decided that she no longer wanted to sell the home and she instructed Maureen to contact Lauren to tell her that she was taking the property off the market. Lauren sued indicating the Jacklyn had violated the contract

IN THIS CASE, yes lauren can sue the jacklyn under breach of contract because jacklyn & lauren were agreed on house sale at $535000. but after some days jacklyn takes back the offer which may have affect the lauren like financial damage to lauren in fees of real estate agency, transpotation cost to find houses, preparation of papers, packing of house holds etc. so lauren can claim that money from jacklyn. you are thinking why it is breach of trust but it was because in a contract the following conditions should be fulfilled-

so, it was a proper valid contract & jacklyn just broke it by call off the deal.

*above answers to these cases are my opinions. hope it will help you in your study.good luck

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